Arab Finance: Al Fanar for Contracting, Construction, Trade, Import, and Export Company signed a contract to execute carpentry, steel fixing, and finishing works for the Wadi Yemm project within the Ras El Hekma development in Marsa Matrouh, according to a bourse disclosure.
The preliminary deal, valued at EGP 156.665 million, was signed on September 9, 2026.
On September 3, the company secured an EGP 11.60 million contract to carry out earthworks in Ras El Hekma.
In July, Al Fanar increased the value of its contract for excavation work in Ras El Hekma to EGP 27.9 million